NEW YORK (AP) — Apple's shares topped $300 for the first time in the company's history Wednesday as stellar iPad sales and a planned expansion into China give investors all the assurance they need for the iPhone maker's already healthy prospects.
Shares of Apple Inc. climbed $1.60 to close at $300.14 after peaking at a record $301.96 earlier. This gives Apple a market capitalization of about $273 billion. Apple had long surpassed the scale of tech heavyweights such as Microsoft Corp., Google Inc. and IBM, which also hit an all-time high on Wednesday.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
